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Overview (Firehose-to-Come) • • • • • Markets: Global? US? Local? Other? Jargon: Distraction or Solution? Drivers: Exogenous and Endogenous Solutions: Features for Success Wishlist: What I want/would buy now David Zetland (UC Berkeley) aguanomics.com 1/6 Water Markets [sic] • • • • • Global: virtual water (food), climate change US: regulations, funding, interstate flows State: groundwater, interbasin transfers Watershed: environment, trading, disputes Local: 90% of decisions; 100% of outcomes Non-Spacial Dimensions: Temporal, Legal, Wholesale/retail, Quality, Public/Private Bottom Line: Monopolies are NOT markets! David Zetland (UC Berkeley) aguanomics.com 2/6 Jargon and Buzzwords • • • • • Water-Energy Nexus Third-party Impacts Hard vs. Soft Path Political-Economy Diamond-Water Paradox Bottom Line: Useful concepts, but inertia dominates David Zetland (UC Berkeley) aguanomics.com 3/6 Drivers: Exo and Endo • Exo: We can only cope/hope example: climate change • Endo: Pogo says “the enemy is us” example: groundwater (ToC), prices Bottom Line: Low-hanging fruit everywhere! David Zetland (UC Berkeley) aguanomics.com 4/6 Solutions for Success • Supply side for engineers and politicians example: Desalination • Demand side for economists and people example: prices and markets Bottom Line: Regulatory risk, capital intensity, inertia and the wall of money means be nimble! David Zetland (UC Berkeley) aguanomics.com 5/6 My Wishlist • • • • Cheap water quality tester real idea Metering technology (seen the tradeshows?) Desalination (DXV Tech) Political solutions are not $-earner Bottom Line: Institutions are trumps David Zetland (UC Berkeley) aguanomics.com 6/6